Good track record of managing mortgage sector risk while building market position Strategic focus and residential non-prime mortgage sector expertise Consistent earnings performance and stable capital ratios Concentrated exposure to riskier non-prime segment of the Canadian mortgage market High dependence on third-party channels, particularly the brokered channel for mortgage and deposit origination High growth rate of mortgage portfolio Standard&Poor's Ratings Services' outlook on Home Capital Group Inc. is stable, reflecting our expectation that Home Capital will generate sustainable and consistent earnings, and maintain capital levels commensurate with a very strong score. At the same time, over the next several years, we don't expect the company to meaningfully diversify its loan portfolio geographically outside Ontario, materially broaden its product
